n.belmont


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Name: 
Natalya Belmont

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Dean Graziosi Weekly Wisdom #217 - Seeking Investor Area Managers dgadmin157811 years 7 weeks ago

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hello, 1. Panama City

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hello,
1. Panama City Beach.
2. 2012 Unemployment Percentages for Panama City Beach, Florida
Month/Year Panama City Beach% National %
1 / 2012 10.1% 8.3%
2 / 2012 9.2% 8.3%
3 / 2012 8.2% 8.2%
4 / 2012 7.8% 8.1%
5 / 2012 7.8% 8.2%
6 / 2012 8.1% 8.2%
7 / 2012 8.3% 8.3%
8 / 2012 7.9% 8.1%
9 / 2012 8% 7.8%

3. Current average cost of 3 bedroom house- 255 000$

4. The average rent for 3 bedroom house-1500$/M
5. average annual taxes for 3 bedroom house -$225,466

6.The current days on market

Month Year Monthly
Sales Monthly
Volume Avg List $ Avg Sale $ Avg $/SqFt Median Sold $ Avg DOM Avg CDOM % Sold/List Current
Inventory Months
Inventory
January 2012 84 $14,764,871 $188,923 $175,772 $91 $138,000 141 145 93.03% 1583 18.84
February 2012 101 $16,042,740 $168,755 $158,839 $86 $137,000 144 145 94.12% 1617 16.00
March 2012 142 $22,589,093 $169,861 $159,078 $89 $132,099 154 163 93.65% 1611 11.34
April 2012 135 $25,721,974 $208,890 $190,533 $98 $140,000 143 141 91.21% 1591 11.78
May 2012 147 $30,683,582 $220,271 $208,731 $99 $165,000 158 170 94.76% 1571 10.68
June 2012 166 $32,429,601 $206,055 $195,359 $98 $169,500 188 196 94.80% 1531 9.22
July 2012 155 $28,624,122 $196,391 $184,671 $89 $162,000 154 171 94.03% 1457 9.40
August 2012 166 $27,562,438 $179,274 $166,038 $89 $145,000 124 133 92.61% 1399 8.42
September 2012 146 $29,288,691 $213,138 $200,607 $98 $185,500 132 116 94.12% 1388 9.50
October 2012 134 $24,614,090 $191,962 $183,687 $93 $152,450 146 149 95.68% 1350 10.07
November 2012 134 $24,636,170 $192,779 $183,852 $94 $169,450 128 123 95.36% 1306 9.74
December 2012 161 $29,132,176 $192,223 $180,945 $91 $148,900 130 131 94.13% 1257 7.80
Annual: 1671 $306,089,548 $194,878 $183,177 93 $155,000 146 149 93.99% 1472 10.57

Location/Region: Southeast United States; Northwest Florida.
The latitude of Panama City Beach is 30.176N.
The longitude is -85.805W.

Geographical Description: Overlooking the Gulf of Mexico, Panama City Beach is located in the Northwest region of Florida. Panama City Beach averages an elevation of 13 feet above sea level. Located 98 miles southwest of Tallahassee, Panama City Beach is a part of Bay County. Bay County boasts an average population of 150,000. Approximately 9,500 of these citizens reside in Panama City Beach.

Climate: Average water temperatures of 72 degrees combined with an average air temperature of 78 degrees creates mild subtropical temperatures for year-round enjoyment.

Population: As of 2008 estimates: City of Panama City Beach 13,453; Unincorporated - approx. 35,000

Area History: Bay County is an area rich in American history. The St. Andrew Bay area was home to many Indians before it was settled as a community in the 1800s. Pirates found the deep pockets of the Bay ideal to "lie in wait" for richly laden ships in route to Mexico or Spain. Legend has it that many a pirate buried his share of treasure at Spanish Shanty Point on Shell Island.

Another area teeming with history in Panama City Beach is St Andrews State Recreation Area. During World War II, it was part of the St. Andrews Sound Military Reservation. Circular cannon platforms are still in place near the jetties. Opened in 1951, the park now covers more than 1,200 acres.

Since its founding, Panama City Beach's economy has greatly depended on its natural blessings making it home of "The World's Most Beautiful Beaches."

Cultural info: Downtown Panama City has become known as the Art District of Bay County. Since 1978, the Bay Arts Alliance has served as the local non-profit agency for Arts in Bay County. The goal of the Alliance is to provide cultural enrichment to the community and its visitors through educational experiences and quality performances.

What to see and do: St Andrews State Recreation Area is one of the most popular outdoor recreation spots in Florida. Rated the "Number One Beach in America" in 1995 by coastal authority Dr. Stephen Leatherman, it is best known for its 1 1/2 miles of white sand beaches, natural dunes and crystal-clear water.

Visit Panama City Beach for the annual Indian Summer Festival held every October at Frank Brown Park. This three-day music, art and seafood festival hosts top name entertainment and wide array of fresh local seafood.

The soft Panama City Beach sand is actually quartz crystals, which over time has been broken down, bleached, polished and deposited on the shoreline. This natural process has made Panama City Beach home to the "World's Most Beautiful Beaches."